Input tax credit reversal verification: suppliers must secure CA/CMA-certified evidence or recipient undertaking before excluding post-sale discounts. Where portal verification of proportionate reversal of input tax credit for post-supply discounts via tax credit notes is unavailable, the supplier may obtain a CA/CMA certificate from the recipient certifying reversal, specifying credit note and invoice details, ITC reversal amounts and the documentary route (e.g., FORM GST DRC-03 or returns), and containing a UDIN; for smaller aggregate tax amounts an undertaking from the recipient with the same particulars is acceptable. Such certificates/undertakings constitute admissible evidence of compliance and must be produced to tax authorities when required.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Input tax credit reversal verification: suppliers must secure CA/CMA-certified evidence or recipient undertaking before excluding post-sale discounts.
Where portal verification of proportionate reversal of input tax credit for post-supply discounts via tax credit notes is unavailable, the supplier may obtain a CA/CMA certificate from the recipient certifying reversal, specifying credit note and invoice details, ITC reversal amounts and the documentary route (e.g., FORM GST DRC-03 or returns), and containing a UDIN; for smaller aggregate tax amounts an undertaking from the recipient with the same particulars is acceptable. Such certificates/undertakings constitute admissible evidence of compliance and must be produced to tax authorities when required.
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